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in hawaii. -- grew up in hawaii. it makes him an honorary asian- american. he is the first asian-american president as well. tonight's events would not be possible without our community partners. a group that helped make all this happened, i am going to read them all. the asian business alliance, asian law alliance, the asian pacific american leadership institute, chinese-american cultural association, chinese american political association, citizens for better community, culture to culture, why in the chamber of commerce of northern care of -- kawai and chamber of commerce of northern california, northern california chinese athletic association, national association of american professionals, national federation of independent business, national federation of filipino americans, the filipino chamber of commerce, around of applause for all of our community partners, please. that was a lot. [applause] >> i am so glad he had to do that. our next speaker is u.s. congressmen. he is representing the 15th congressional district of california in the u.s. house of representatives. in con
. >> gregg: will be the president be working on these issues during his christmas holiday in hawaii or is it golf and r&r and spending time with the kids? >> mostly r&r but on friday the president acknowledged there might not be time for any grand bargain. he scaled back for expectations for the rest of the year. one democrat said a larger deal is not impossible. >> we what we ought to do is take speaker's last offer, president's last offer and split the difference. that would be a package of about $2.6 trillion. you couple that with the $1.1 trillion that has already been done, that would be close to the $4 trillion we needed to stabilize the debt and begin to bring it down. >> reporter: to do that the president is demanding wealthy pay higher taxes. >> gregg: steve, thanks. >> heather: gregg, president obama is taking a break from the stress of fiscal cliff negotiations spending the holiday in hawaii. there is also a somber moment on his schedule. president and first lady attending a memorial service for daniel i inouye. >> he is leaving the fiscal cliff worries back home. we are
manslaughter charges. >>> president obama is cutting short his vacation in hawaii to work on budget negotiations. mr. obama plans to leave hawaii late today and arrive in d.c. early tomorrow. he and members of congress are trying to find a way to avert the so-called "fiscal cliff." lawmakers will also be back in session on thursday without a deal by the end of the year automatic spending cuts and tax increases going into effect. >>> starbucks is trying to do what it can to urge a "fiscal cliff" compromise. the coffee chain is asking employees at its cafes in the d.c. area to write the words "come together" on cups for the next two days. starbucks plans to continue the effort on social media. >>> encouraging signs in the housing market. home prices rose in most major cities in october up more than 4% from a year earlier and october was the fifth straight month of year-over-year gains. taking a look at the big board now, you can see that stocks are down today in a light trading session. you can see the dow is down about 9 points. >>> a bay area family and the season of giving. how the
at a major military base in afghanistan killing two afghans and the taliban. and a report the hawaii governor may appoint a new senator replacement for senator inouye, to insure hawaii's representation in fiscal cliff negotiations is there. having said to endorse colleen han ni hanny -- hanibusa. >> and ben affleck has taken his name off the list for senator and says while he loves politics, he will not be running for office. >>> a bleak outlook for the coming year, a record low say they are hopeful and 56% say they are fearful. >>> the miami heat grabbed the top spot in the eastern conference by surviving a battle with the oklahoma city thunder. lebron james and whamm chambers been inned for 51 points. and rihanna and chris brown are courtside as the lakes pick up a victory, kobe bryant serving 34, topping 30 points for the ninth straight game. get out of the way. >>> numbers from the retailers are rolling in. so far not that great. holiday sales were up just .7% since last year, the slowest growth since 2008. even online shopping which posted double digit growth the past four years was up o
the late senator daniel inoute hawai i. hawaiis governor appointed schatz to the scene on wednesday. he formerly served as hawaiis with 10 and governor ann is a former hawaii and democrat party chairman a lawmaker. >>hawaiss governor says schatz is best position to help the state began to rebuilt its congressional seniority. >> will be right óó >> the moisture will not risk the ground. your own satellite and radar some light rain in the atmosphere. the system in northern california will continue to drive down. >> and a clot still nothing is mostly cloudy skies. as we push into the afternoon again, it is sitting offshore. i do not think or delay in. it is probably in the north bay in for the coast. this is running parallel to the coastline. earlier models did show some widespread rain everyone was getting a dose of it. the latest models are really starting to back off on those chances. >> some of our east bay spots the delta livermore valley may not see any right whatsoever. of course we will keep a chance to the forecast. keep an umbrella handle. as best it for later tonight. if your
this -- you have people like scott brown in massachusetts, linda lingle in hawaii heather wilson in new mexico who were good statewide candidates with good credentials who lost for one reason -- they had "r" next to their name. it did not hurt heidi heidkamp or jon tester. this is an albatross for the republicans to deal with. the president knows he has the advantage, and the republicans have to get beyond this if they become combative as a party. >> any wiggle room in the house charles? >> i don't understandnd when colby says that for the president raisising rates is s a matter of principle. there is no principle here. the president himself said at the july 2011 press conference that if you raise the $1.20 trillion that he wanted at the time without raising rates, by eliminating deductions and exclusions, which is t the more rational way. obama's on a debt reduction commission recommended that you raise tens of revenue with the fedel govovernment, you do tax reform and you actually lower rates while you e expand the base, and if you raisise rates, you e going to injure e economic expansion.
that the white house saying the president is cutting his holiday vacation in hawaii short to return to d.c. to work on a deal to try to stop those automatic tax hikes and deep spending cuts from kicking in on january 1st. and if they don't reach a deal before then, many economists say we will dip back into a recession. i had henly house republican leaders didn't have a lot of new information for their lawmakers. they would have 48 hour notice if they are needed to pray back to washington from various districts around the country. that tells us they are being noncommittal at this point because they frankly do not know whether or not there will be a deal to avert the fiscal cliff. now, after that conference call. the house speaker john boehner, his number two eric cantor the majority leader put out a statement putting the onus on president obama and for the reason why there has not been a deal so far. basically saying they can't move forward in the house without some sort of action in the senate the next few days. what they left out of that, unfortunately, is the reason why they are waitin
>> bob: yesterday, senator from hawaii, excellent man who died and yesterday he was lying in state. at the capital. there is a picture, poignant one of bob dole, the former senator from kansas. a great man. who was standing -- do we have the picture of dole? standing at the casket, saluting. they are two great americans. it wish him -- i wish him a great trip to heaven and bob dole, a wonderful human being. >> kimberly: that's it for us at "the five." set the dvr for the christmas special monday at 5:00 p.m. eastern. for all of us travelling home for the holiday. have a great trip. good night, everyone. >>> this is a fox news alert. i'm john roberts in for bret baier this friday evening. president obama came out moments ago to address the fiscal cliff. saying he still thinks a deal could happen. but that now is not the time for self-inflicted wounds. this is after house speaker alternate way out didn't make it to a vote in the house. we have fox team coverage. ed henry focuses on a tale of two white houses with messaging. but first, mike emanuel looks at where the republican goes f
before leaving for hawaii leaving room for negotiations? what are we talking about? set it up. >> the president is heading back to washington to attempt a last ditch effort with speaker boehner to forge compromise to avert the fiscal cliff which will kick in in about six days if nothing's done. those are the headlines. everyone talking about cutting his vacation short. the question is there anything that can be done? they were at an impasse before christmas, the republicans and house imploded and it's a tight spot. i suspect if there's a deal, it will be unpalatable for everyone. >> there was a interchange before the talks broke down. we have the quotes. john boehner said to obama, quote, i put $800 billion in tax revenue on the table. what do i get for that? allegedly we understand president obama came back to him and said, you get nothing. i get that for free. you get nothing. >> there were a couple eye-opening quotes. a "wall street journal" story before christmas that went through the timeline of how this happened between painer and the president -- boehner and the preside
native hawaii for a short christmas break. we'll have a live report from hawaii and the latest on the fiscal cliff talks a few minutes as well. >>> it's official. bp oil company will pay up to the tune of $7.8 billion. that is a class action settlement amount they agreed to pay, about 100,000 businesses and individuals hurt by the biggest oil spill in american history. a federal judge formized the settlement yesterday. a lot of gulf coast residents opted out of the class action suit and are pursuing lawsuits on their own. >>> in egypt today, more effects of a brand-new government's growing pains. the vice president is out. he is stepping down there. this man, mahmud mechanicy announced political life does not agree with him, and he'll go back to being a judge. it's the same day the egyptian people are voting for a second straight weekend on proposed changes to the country new islamist backed constitution. egypt's new president gave himself near absolute power. >>> a former u.s. marine who spent four months in a mexican prison is free today. jon hammer was locked up in august on
of miles away from each other, each left washington for the holiday. we will have live report from hawaii and the latest on the fiscal cliff talks in just a few minutes as well. it's official, bp oil company will have to pay up to $7.8 billion, that is the class action settlement amount they agreed to pay to 100,000 businesses and individual has h by the biggest oil spill in history. the settlement was finalized yesterday, a lot of them are opting out and pursuing lawsuits of their own. >>> more affects of a brand new government's growing pans. this man announced that political life does not agree with him and he will go back to being a judge. it's the same day that the people are voting for a change to the new islamist backed constitution. protests broke out last month when the president gave himself near absolute power. >>> a eczema reason is freed today and heading home. he was locked up on weapons charges. he was threatened and chained to a bed and never saw a judge. the u.s. diplomats got involved and convinced mexican authorities to release him. [ bells tolling ] three little girls,
from hawaii. brianna keilar is traveling with the president. she's going to join us live. that's 25 minutes from now. >>> u.s. senator michael crapo s says he's deeply sorry for driving under the influence of alcohol. the republican who is also a mormon was pulled over, tested and arrested after running a red light early yesterday morning in virginia. he says he made a mistake and deal with whatever penalty he is given. >>> the u.s. navy seals are again mourning the loss of one of their own. a military official tells cnn that commander job price died of a self-inflicted gunshot wound. price was a commander officer of seal team 4, that's the unit with more than two dozen members that operates in central afghanistan. the official says there's no indication at this point that price was under any investigation or involved in any controversies. >>> former republican senator chuck hagel has not been nominated as defense secretary, but members of his own party already signaling an uphill confirmation battle if he is. barbara star has more on in surprising backlash. good morning to you. i t
hawaii tonight. >>> storms that slammed through the south and killed three are moving toward the northeast this morning. twister touching down after night fall in mobile, alabama the tornado blew out transformers leaving thousands without power and damaged homes, high school and church, several injuries were reported. people in parts of florida and georgia sleeping uneasy tornado watches in effect there. >>> in new york police found a bed in the burned out home of the man who killed -- found a body in the burned out home of be the killers sister. two other firefighters are still in the hospital. police say ex-convict william spengler armed himself with weapons and set his house on fire to lure first responders into a trap he killed himself he left a note saying he wanted to burn down the neighborhood and kill as many people as possible. >>> san francisco woman accused of fatal hit-and-run in court today. police arrested 23-year-old gina eunice for leaving the scene after hitting four pedestrians last week. the victims were flown over the embankment, a 56-year-old woman died a
would include short term spending cuts instead of long-term deals that had been sought. >>> from hawaii. comes word that president obama will cut short vacation and return to washington later today to take part in "fiscal cliff" negotiations. christmas day the president and first lady met with servicemembers and their families. the president told the marines he was grateful for their service and posed pour pictures. >>> recent college graduates are having a tough time getting jobs in their desired lines of work. according to the latest u.s. census figures about 2 60,000 young adults with college degrees in california are working in food service and retail. >> couldn't get a job in the field that i wanted to so i figured i have to start at the bottom. >> without higher paying jobs, it's that much harder for graduates to pay back student loans weapon tuition rising across the nation. >>> the holiday season isn't what it used to be for american oh. a new poll suggests a lot of people are working between christmas and new year's. the survey conducted in the midwest shows about a third of wo
a deal. >> aloha, hawaii. >> to my republican colleagues, the ronald reagan model is if you get 80% of what you want, that's a pretty good day. >> they were this close. they were this close to a solution. >> he's going to get tax rate hikes. >> are we going over the cliff? >> i believe we are. >> be republican and be conservative and pass a bill that cuts tax. >> boehner has no control over his extreme right wing faction. >> should anybody's taxes be raised at this point? answer yes or no. >> no. no. ♪ >> we begin as president obama and the senate head back to washington set for one last effort to avert the first fiscal cliff. aloha means good-bye for the president as he packs bound for the white house tonight. the president cutting short his vacation leaving michelle and the girls behind as he gets back to work to try to prevent tax increases and spending cuts due to begin next week. there's just one problem. it appears there would be no house republicans to help hammer out a deal. the gop leadership has not yet called their members back to d.c. and will not be in session tomorr
a deal in time. after spending part his christmas holiday visiting presidenthow y. hawaii, obama will return to resume talks. formal negotiations have yet to be scheduled. the house will reconvene on thursday. >> we have seen this game played before. it literally came down to the last minute. >> is the country goes over the fiscal cliff, some economists fear the combination of budget cuts and higher taxes could trigger another recession. others say the deadline is not as firm. congress could pass a temporary measure early that would roll back any changes. political analysts warn some consequences may be immediate. >> maybe a tremendous response and that would alarm everybody. >> stock prices dropped friday after a republican-led plan collapsed. nearly half of americans are doubtful the two sides can settle their differences. >> when the uncertain. tax rates will go up on 30 million households at least. that is something the politicians are going to respond to. >> house republican leaders called on the senate to pass to bills they said would avoid the fiscal cliff. republicans sai
to washington the day after christmas. senator from hawaii, laid to rest. president obama and the first lady attended the memorial service. he was the first japanese american elected to both houses of congress and the second largest serving u.s. senator. he was 88 years old. >> back here in maryland a police shooting in baltimore county, a police officer opened fire, killing a man who had a knife. that's where derrick is tonight with the details. >> reporter: police say the officer was acting in self- defense when he confronted and shot a suspicious man he found back here behind this gas station. it all started with an officer on routine patrol as he passed the shell gas station at ed monton around 3:45 in the morning. he noticed a suspicious man behind the building. police say when the officer asked the man to come out from behind the building, the man pulled out a knife. >> the officer attempted to use a taser to stop the situation, but it was ineffective. the man refused repeated commands to drop the knife. >> reporter: police say fearing fo
cliff deal but is something he said before leaving for hawaii leaving room for negotiations? what are we talking about? set it up. >> the president is heading back to washington to attempt a last ditch effort with speaker boehner to forge compromise to avert the fiscal cliff which will kick in in about six days if nothing'ss done. those are the headlines. everyone talking about cutting his vacation short. the question is there anything that can be done? they were at an impasse before christmas, the republicans and house imploded and it's a tight spot. i suspect if there's a deal,t will be unpalatable for everyone. >> there was a interchange before the talks broke wn. we have the quotes. john boehner said to obama, quote, iut $800 billio i tax revenue on the table. what do i get for that? allegedly we understand president obama came back to him and said, you get nothing. i get that for free. you get nothing. >> there were a couple eye-opening quotes. a "wall reet journal" story before christmas that went through the timeline of how this happened between painer and the president -- boehner
the president on vacation in hawaii basically no progress. they understand that rea. eric: when did you know he was going to come back? >> we knew two or three days it was likely he was going to comel back. he wanted to spend family time yesterday and go to the marine base because it was a christmas vacation to thank the troops but they knew pretty quickly was going to have to get back. he is here in sunny hawaii. not just taxes going up, 2 million people unemployed are about a to lose their employment insurance if there is no deal here. the final point i make, ats white house official the president is's going back now tonight, what is on his agenda, what did he dotl differently he couldn't do on the telephone in hawaii?th they have nothing on the schedule yet, they don't know if he will ringleader bring leadere white house.e does he wait until friday? the bottom line is the clock is ticking every single leve levere president has pulled has not worked. eric: thank you very much. the president reported i get that for c free comment, grover norquist joins us now. let's stay on this other thing. t
there where a memorial service is going to be held shortly for the late hawaii senator danielle inouye. daniel inouye. president obama, vice president biden and veterans affairs secretary shinseki are kennelinged to pay tribute. -- scheduled to pay tribute. rear admiral barry black scheduled to perform the sermon. following a memorial service for members of congress, we see senator dick durbin on your screen. the senator died of respiratory complications mold, he was 88 years old. senator inouye returns home the hawaii on saturday. a public service will be held at the national memorial cemetery of the pacific on sunday before he's laid to rest in his home state. we're going to watch and listen now, live coverage on c-span2. ♪ ♪ [inaudible conversations] [inaudible conversations] ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ [inaudible conversations] ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ muck. ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ muck. ♪
: president obama making remarks at funeral for former late hawaii senator daniel inouye. >> he would remain my senator until i left hawaii for college. now even though, even though my mother and grandparents took great pride that they had voted for him, i confessed that i wasn't paying much attention to the united states senate at the age of 4 or 5 or 6. it wasn't until i was 11 years old that i recall even learning what a u.s. senator was or, it registering at least t was during my summer vacation with my family. my first trip to what shows of us in hawaii call the mainland. so we flew over the ocean and with my mother and my grandmother and my sister who at the time was two, we traveled around the country. it's a big trip. we went to seattle and we went to disneyland, which was most important. we traveled to kansas where my grandmother's family was from and went to chicago and went to yellowstone. and we took greyhound buses most of the time and we rented cars and we would stay at local motels or howard johnson's. and if there was a pool at one of these motels, even if it was just tiny, i
and for president obama. he took the red eye from hawaii to washington overnight. senators will be busy working on a plan to avoid the "fiscal cliff" today. but house gop leaders say they will not return to washington unless the senate passes a bill. with no deal on the horizon, a new poll finds the gop gets the biggest share of the blame for the stalemate. >> both sides here have a problem with the american people and it's why congress has 11% job approval rating. >> even starbucks is getting itchy for an agreement. its employees are writing "come together" on coffee cups to encourage compromise. >>> hawaii's democratic governor will replace daniel inoue to represent the state of hawaii in washington, d.c. inouye died of respiratory complications last week. on the day he died, the late senator wrote to the governor asking for representative colleen hanabusa to replay him. she made it to the final round of considerations but didn't win that nomination. >>> former president george h.w. bush is in intensive care at a houston hospital with a fever and lingering cough. mr. bush was admitted to the
indignation at comic and akamai hawaii, new york and chicago. david maraniss spoke with relatives and discovered the president's african ancestral history. he toured houses were young barack obama lifted into a shot and found a kansas family homes in neighbor's mother family began. and for the next two hours and david maraniss discusses his latest book "barack obama: the story." and then take your calls e-mails and treat. >> host: david maraniss, you write in "barack obama" but no product could be more the product of randomness than that of barack obama. >> guest: is the whole world coming together and hung on the lulu, who happens to come there from kenya because he reads the story and this is a great place because of its diversity and a mother who can't say because she is a father who has his wanderlust and is never satisfied and set up and a class and here comes barack obama who emerges as a whole global random access into his own until he becomes president he becomes president of the united states. >> host: braid
-plan that would preserve middle class tax rates. the president is now in his native hawaii for a quick christmas break. briana keiller joins us from honolulu. hello, briana. is this fiscal cliff deadline getting closer, what do we think will happen as the holidays rolls out here? >> reporter: well, there's one sort of last ditch effort possibility here, don, and that is when the senate reconvenes on the 27th, it's possible that either they could try to pass something and sort of force it on the house or it's possible that they could take a bill that they've already passed back in july with the threshold of those tax hikes being at the $250,000 level and that they could kind of say to the house, okay, now the ball is in your court. you have to deal with this, but it's still very much a possibility, don, that this doesn't work out, that we go over the fiscal cliff, and that was reflected today on the sunday shows from both democrats and republicans. take a listen. >> passing plan b, the other night, would not have changed the outcome. we were going to go over the cliff before. we're going to go ov
have to do the right thing. >> aloha, mr. president. he's in hawaii and congress is back home. when will there be a bargain to avert this fiscal cliff? >> the only way to stop a monster from killing our kids is to be personally involved and invested in a plan of absolute protection. >> the nr appeals a kickback after a group calls for more guns in schools to protect our kids. we'll talk to a mother, herself a victim of gun violence and an organizer with 1 million moms for gun control. >> they can keep pushing us and bumping us and moving us back. >> it's the holidays, you want to get home, but at the same time, what are you going to do? >> on this holiday weekend, thousands of flights delayed and we're watching that as the winter stom wallops the midwest and good day to you. i'm richard lui. the stalled fiscal cliff debate and the january deadline now just ten days away. president obama and his family are vacationing in hawaii and congress is on holiday recess after no new breakthrough and both sides are holding out and they'll be able to reach a deal. >> call me a hopeless optimist
. >>> december 28th will be the day the democratic party of hawaii decides who will fill their senate seat. but this morning we have more details on what the late senator himself wanted to see happen. in a just-released tlee ed lett hawaii's governor, inouye wrote, i respectfully request that u.s. representative colleen hanabusa succeed me and continue the work together with mazie on behalf of hawaii in the u.s. senate. i have no doubt that she will represent hawaii with the same fervor and commitment that i brought to the senate chamber since 1962. i hope you will grant me my last wish. he will lie in state in the capitol rotunda today. we're expecting his remains to arrive any minute now right there on the capitol. we'll bring that to you live later this hour. - more washington gridlock. no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the p
for christmas. the president's out in hawaii. i'm sure the staffs are working on it, but, boy, i have to say, like a lot of people, up till thursday, i thought there was, you know, lot of posturing, lot of jockeying, they were going to get a deal done because the alternative was so terrible. after republicans defeated their own speaker, speaker boehner's plan that would only have raised taxes on people making a million dollars or more, less than 1% of all taxpayers and they thought that was too extreme, i'm not sure we'll get a deal. you could see that in the markets on friday, which went down 100 points. >> another big issue that has everyone talking is what happened in newtown, connecticut, because that has sparked this gun control debate. no matter what side you're on, you'll be talking about that as well. >> we are, indeed. first of all, on the fiscal cliff, we've got two top senate leaders. we'll ask them about that. we'll also talk to them about gun control. and of course the big on that, since the terrible tragedy in newtown was the statement by wayne la pierre, top officials in the n
until about a week ago when he quit his job and told his ex-girlfriend he was moving to hawaii. we are also learning more about the three people that robert shot. a dedicated hospice nurse, a former radio executive, remembered as a mentor and a jewelrymaker, and a 15-year-old girl who took a bullet to the chest but is expected to survive. dan simon is live from suburban portland. what else are you finding out about jacob roberts? you know, everybody is questioning what was the motive here? >> good morning. investigators have not found anything in terms of a violent history or criminal past, but if you look at his facebook page, you will see a slogan that said "follow your dreams" with the word canceled stamped over it. then the reports that he was telling friends that he inherited a bunch of money and was planning to move to hawaii, nothing of which is grounded in truth. still everyone seems so genuinely shocked that the kid they remember as a popular student in high school could be capable of committing such an atrocity. here's what his ex-girlfriend told abc. >> this is the last
in hawaii where the president is spending the christmas holiday. brianna, the president maybe a little too optimistic that a deal can be reached? aloha, by the way. >> he did say last night that he is a hopeless optimist that something can get done, but what we know, it's not going to be that big package, obviously of deficit reduction as well as dealing with these tax hikes that are set to kick in. that's not what's going to be happening, instead, he's pressing for something smaller just to a deal with stopping those tax hikes from kicking in for americans making $250,000 per year or less. and also trying to make sure that unemployment benefits are extended. listen to what president obama said last night and also listen to what some of the house republican resistance from speaker boehner to his sort of short-term plan here. >> in the next few days, i've asked leaders of congress to work towards a package that prevents a tax hike on middle class americans, protects unemployment insurance for 2 million americans, and lays the groundwork for further work on both growth and deficit reduction.
and the president to get their act together. the president took a red eye flight back from hawaii. why did congress and the president go on raication at all. >> yeah, we all go to work. >> there is nothing on the table . kelley. >> a lot of people feel they are left in the lurch by the president and congress. and they didn't get the job done . here's what we are facing. we are teetering on the edge of the fiscal cliff. there are many members in congress who disaagree raising of tax. the president had gone up to $400,000 when house speaker boehner would raise the tax hikes . but the sticking point is enments and spending. >> clayton: the republicans saying that the president and democrats not forth coming enough on entitlements. here's what will unfold in a few short days as we break this down to you. >> put your seat belts on, people. >> clayton: tax rates will hit these numbers and you go up to 120,000 . you will see 31 percent up to 36 percent . in these tax rates as they climb up. >> here's the bottom line. average tax rate of 2,000 to $4000. it is an additional 13,944 . millionaire's status whi
with the president and joins us from hawaii. >> they can still talk, right? true. but the people who matter are not. perhaps the lines of xhoukz are open between the white house and senate democrats. but the white house at this point is not in discussion with not only speaker john boehner but the senate minority leader, mitch mcconnell and perhaps because of that, you have some of that pessimism of senator liberman being shared by republicans. >> when i listen to the president, i think the president is eager to go over the cliff for political purposes and sees a political victory at the bottom of the cliff. gets additional tax revenue, gets to cut the military which democrats have been calling for for years and blame republicans for it. >> now, all eyes are now on the senate, which will reconvene on thursday. seen as likely that president obama will head back to washington from hawaii here. senate minority leader harry reid has the task of trying to conjure up something that might be able to pass the house in addition to the senate publicly. the white house is saying they want tax rates to remain i
. the president pulled the plug on his holiday trip to hawaii and arrived in washington shortly after 11:00 in hopes of prodding congress to lock in taxes for all but the wealthiest 2%. so a republican source told us he would be sending legislation to capitol hill, but the white house is telling us no, that is not the case. you have the president there at the white house. you have the senate in session and they are scattered throughout the country and taxes are going up on january 1st. let's listen to harry reid. he is not happy about the house and being away. he is the top senate democrat. >> we are here in washington working. we have the house of representatives out watching movies and watching their kids play soccer and basketball and doing all kinds of things. they should be here. >> here's a reality. reid said it's beginning to look to him as though we will plunge over the cliff come tuesday. they are keeping an eye on washington to see what develops. since it looks as though we are headed for higher taxes, i want to bring in terry savage, a personal finance expert for the chicago s
honolulu, hawaii where the president and first lady have just arrived. hundreds of hawaiians started gathering saturday to welcome the senator home and pay respects. inouye was a recipient for the medal of honor for his braver. kristen welker joins me now from honolulu. a warm christmas, i see. >> reporter: yes indeed. it is lovely here. >> the president is on christmas vacation and so is congress. that doesn't mean they don't have work to do as the fiscal cliff looms. i take it this is a working vacation. >> reporter: white house officials have described this as a working vacation and talks are going on behind the scenes between white house staffers and hill staffers. the reality is the bulk of this probably won't get done until after christmas when lawmakers are expected to resume negotiations. there is a lot of frustration especially among senior members in both parties in part because president obama, house speaker john boehner seem so close to getting a deal done. they were really close on taxes and entitlement reform. we saw that last week house speaker john boehner couldn't ge
christmas vacation in hawaii. congress is back in town, but little progress was made over the holiday to avoid the fiscal cliff and no talks have been set. the senate is due in session today, but the house has no plans to reconvene. last week, house speaker john boehner said it was up to the house to act on extending unemployment benefits. as we work through all of this, we are happy to be joined by allen capper, head of credit strategy at lloyd's for the hour. welcome back. i guess we're still shaking off the christmas turkey tryptophan, i guess they call it, and yet it feels as though it's groundhog's day. >> yes. you say shaking off the christmas blues and we're shaking still waiting to hear what happened with this fiscal cliff. we knew they would take it to the wire. there's no surprises. what concerns me, this may stretch on until january. now, this is not the first time we've been in a situation like this in my career in the markets. the opportunity is clearly markets may sell off and then an accord has to be reached. i guess a lot of people will be seeing that. >> what are you
. his mother, his mother, the first of her generation in hawaii, his father an Émigre from japan. at a time when there was strong and prejudices still in existence in america, a man who came of age as the secondary burst upon the scene, and that very prejudiced against japanese-americans reached a crescendo. december 7, 1942, as the majority leader alluded to, on the way to mass, or on the way to church with her grandfather listening to your radio about the bombing that was taking place in pearl harbor. first as danny told the story, over several times, he thought it was the most -- he and his father drove, he could see, could see pearl harbor, the bombs bursting. he was then labeled and any alien. he was labeled an enemy alien as his family was. because of his japanese ancest ancestry. but he thought for the chance to fight for his country. he had to fight for the chance to fight for his country. not just to prove that he was a loyal american but because, because he knew, he knew what was at stake because it was the right thing to do. my mom was always taught my colleagues be fo
." but next, the president is in hawaii. and the other major players also left town. but the clock still ticking. on the fiscal cliff. [ male announcer ] how do you measure happiness? by the armful? by the barrelful? the carful? how about...by the bowlful? campbell's soups give you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. campbell's. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? >>> the holiday spirit hasn't made either side willing to compromise. >> after attending a memorial service this weekend, president obama today enjoyed round of golf. the r&r in hawaii is not likely to last. with aides saying the president is
military medical center. hawaii has never been a state without inouye in the body. he first served in the house when hawaii joined the union in 1959 moved to the senate in 1962. by the end of his career he was the most senior member or president pro-tem of the senate making him third in line for the presidency. evidences president pro-tem and he was senior member of the majority party. he was behind vice president biden and speaker boehner. patrick lehey next in line. he joined the senate in 1974. in -- inouye this is what he said marking the pearl har dobo attack december 7, 2011. >> the bombing of pearl harbor 7 years ago began a period of my life when i became i hope a good american. it is something that i will never forget. it changed my life forever. something of interest at this moment. i hope that we will remember december the 7th. i hope we will remember 9-11. that was just a few years ago be people are beginning to forget 9-11. if december the 7th is going to teach us anything, it should be that we must remain vigilant at all times. knotted just to avoid war but vigilant a
spoke at the white house friday before leaving for hawaii where he is now. but at the same time the president acknowledging there might not be time for any kind of a grand bargain. he scaled back his goals and pushing not for the big deal, but for middle class tax cut and extended benefits. a larger deal wouldn't be that hard to reach. >> what we ought to do is take speaker boehner's last offer, the president's last offer and split the difference. that would be a package of about $2.6 trillion. you couple that with the 1.1 trillion that will be done. that would be close to the $4 trillion needed to stabilize the debt and to begin to bring it down. >> and if no action is taken by the end of the year taxes go up for everybody. back to you, eric. >> we have to see. the clock is ticking. >> tick, tick, tick. more on the fiscal cliff negotiations. i am joined by congressman peter king from new york who is involved. congressman, great to have you here. >> great to be here. >> happy holidays. >> happy birthday. >> have i to ask you, what are you doing home when we are approaching the f
obama is hawaii's next senator. brian schatz is currently the lieutenant governor. he's due to be sworn in this afternoon about three hours from now. copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, ask your doctor if including advair could help improve your lung function. get your first full prescription free and save on refills at advaircopd.com. with odor free aspercreme. powerful medicine relieves pain fast, with no odor.
on your screen now! >>> late breaking news to report. hawaii's governor naming a successor to late senator inouye. he had recommended u.s. rep in a letter sharply before he died. with six days before we go off the fiscal cliff, president obama is cutting his hawaii vacation short, flying back to washington, uncertain what kind of deal making possibilities he will find when we will come back. republican leaders made no decision about when to call their members back nor it is clear what kind of deal, if any, they will have to vote on. a lot of digging tonight for cnn's dana bash. i understand there were no decisions out of this call, but do we have any sense of what fellow. >> rob:s are telling speaker boehner? how likely are we to see a vote in time to avoid going of the cliff? >> it really is up in the air. i'm told in part that's why house. >> rob:s didn't make a decision to bring the house back or when to do it because the ball really is in the senate's court, specifically with senate democrats. that has changed big time since a few weeks ago. at this point what they are trying to figure
is in hawaii for christmas. he says he will cut his vacation short to try to hammer out a deal with republicans. i'm andrew spencer reports. >>> fears over if fiscal cliff dampened hopes on the stock market. >>> on the heels of a public outcry, instagram has been hit with with their first civil lawsuit. the first action suit filed in criminal court friday stems from the company's proposal to change its terms of service. an instagramish user leveled claims against the company. instagram claims the complaint is without merit. >> thousands gather to celebrate christmas. why the pope started mass two hours early today. >> and a south american have a good night. here you go. you, too. i'm going to dream about that steak. i'm going to dream about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first mo
5 snow report: basketball team is spending holiday season in hawai'i. much more traffic and weather coming up. >>> one local college basketball team is spending the holiday season in hawaii the university of san francisco taking on the east tennessee state on christmas day in the diamond head classic. an impressive first half dunk by the dons tied the game in the first half. san francisco won 67-49. >>> our play of the day is from los angeles, the clippers and nuggets game. and billy crystal was talking about his new movie when a fast break broke out. >> five years later we got to make it. >> when you make parental guidance 2 -- oh!! >> oh, yeah. >> there you go. blake griffin finishes the break and the clip, won the 14th game in a row to lead the western conference. pretty good shot. >>> it's the day after christmas so how about the gift of another play of the day? lebron james finds chris bosh under the basket for the 4th quarter dunk. it was a rematch of last season's finals. oklahoma city and miami. miami got the win by the way, 103-97. lebron james assisting on the court. >>> a
and returned to the white house to work on a deal to avoid the "fiscal cliff." before flying home from hawaii, the president called congressional leaders nancy pelosi, john boehner, mitch mcconnell and harry reid to reach agreements before tax hikes and spending cuts kick in january 1. >> we have been asking the president and the democrats to work with us on a bipartisan agreement for months. >> i don't know time wise how it can happen now. >> reporter: the senate majority leader wants house republicans to return from their vacations to approve a democratic senate plan that extends tax cuts for families making less than $250,000 a year. >> that's the only option that is viable escape route. >> reporter: but republican leaders say it's up to democrats who control the senate and white house to avert the "fiscal cliff." >> republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> reporter: house members will return to capitol hill on sunday and could begin voting that night. they would have about 24 hours
to the lodge-time senator from hawaii. senator inouye lost an arm in world war ii and represented hawaii in congress for 50 years. the 88-year-old senator died monday from respiratory complications. his body will be returned to hawaii tomorrow. >>> time now just turning 5:17. a former u.s. marine praised for voluntarily guarding a school apparently lied about his military service. monday craig showed up to hughson elementary school and stood guard. he said he was a sergeant in the marine reserves and deployed to afghanistan. but the marines say he never served overseas and discharged as a private after serving nine months. some of the parents say the school should have performed a background check. >> yust to make sure that they are who they say they are. because anybody can do it. anybody can do it and they be doing just to take advantage and then something. something very bad could happen. >> he told the marine corp times he had been misquoted by the medesto bee but the medesto bee stands by their story. he did apologize. the marine corp has not said if he will face any kind of preproc
posturing. president obama is flying back to washington tonight from his christmas vacation in hawaii to make one last attempt to get a deal before midnight new year's eve. the senate is returning and will be in session tomorrow for the same purpose. senate majority leader harry reid is trying to determine what kind of bill he can get through the senate with limited republican support. meanwhile, governor neil abercrombie of hawaii tonight announced that lieutenant governor brian schatz is as fit to feel the seat of the passed senator daniel inouye. he will leave hawaii for washington tonight and is expected to be sworn in sometime tomorrow afternoon. the democrats are wasting no time in the event harry reid needs the vote to avert the fiscal cliff. but the house? a different story. speaker john boehner held a conference call with republican leadership today, and basically decided to do nothing. there are no immediate plans to return to washington. even as that decision is made, how members have 48 hours to get there. house republican leadership released a statement today reading in p
. >>> president obama is arriving right now in washington, d.c., coming back from hawaii, trading his tropical vacation for the hard reality of the fiscal cliff negotiations. the president called all four congressional leaders last night in an effort to reach a deal, but did that call fall on deaf ears? jared bernstein, former chief economist to vip biden, as well as a contributor. i want to start with the new statement from senator mitch mcconnell's office coming out says last night he called other lead serious. the leader is happy to review what the president has in mind, but to day date the majority has not put forward a plan. jared, is that good they're actually speaking, however far apart as it may sound, at least they're talking? >> it's a bit good. better to be talking than north. the unfortunate thing are the words they're saying. i don't hear much compromise or kind of conciliation in the statements we've heard thus far. i do hear a lot of theatrics, you go first, no you go first. it's strange to say the democrats haven't put forth any legislation on this, because in fact they have. i
. appreciate your time. >>> president obama in hawaii with his family and fiscal cliff negotiations remain at this stand still. but could the president cut that trip short? we'll investigate after this. >>> hi. i'm commander ayers here in afghanistan. i wanted to say to my mom, dad and sister in melbourne, florida, happy holidays and i love you and miss you. see you soon. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. >>> here's a look at the stories topping the news for you right now. two firefighters have been killed, two others being treated for gunshot wounds after they were fired upon responding to a fire in upstate new york happening in the town of webster this mornin
and a world war ii hero. >> all of us in hawaii looked up to him and we are so sad to see him go. >> reporter: inouye was born in hawaii in 1924 and dreamed of being a surgeon. but he heard the call to arms when japanese planes flew over his home to bomb pearl harbor. he served in italy and there lost an arm to a german grenade, leading a battle that won him the medal of honor. >> everything became a by the crazy. bullets flying all over the place and my arm flew off. i looked for the grenade because i knew it was in my hand. and there it was still clutched. and i peeled it off and i threw it at the enemy. >> reporter: inouye was elected to the u.s. house of representatives in 1959. the same year hawaii became a state. he won a seat in the senate three years later where he served eight and a half terms. >> he was a man who, as we all know, rarely called attention to himself. but who lived a remarkable american life filled with dignity and grace of the true hero that he was. >> reporter: he gained notoriety when he served on the senate committee looking into the watergate scandal. the probe ul
of raising tax rates would still leave red ink as far as the eye can see. >> the president landed in hawaii for a shorter than usual christmas break. he will return to washington after christmas to walk on the fiscal cliff. he is acknowledging the political reality by pushing a scaled back plan for a tax on the middle class. >> even though democrats and republicans are arguing about whether those rates should go up for thewealthiest individuals, all of yours, every single one of us, agrees that tax rates should not go up for the other 98% of americans, which includes 92% of small businesses. >> reporter: the president wants that middle class tax cuts and wants to preserve unemployment benefits which are set to expire at the end of the year. >>> funeral services were held today for former federal judge robert bork. bork bide on monday. he was 85 years old. he is well-known for the nomination to the supreme court which set off one of the fiercest battles on capitol hill. he also is known for president nixon ordering him to fire one of his aides. >>> and shopper, if if you are not finished, y
. for the majority of the country, that means we are essentially going over the cliff. president obama is in hawaii for christmas with his family b. before he left, he urged congress to adopt a stopgap measure to prevent taxes from rising on people who make less than $250,000 a year. he also asked for a plan to keep providing benefits to unemployed workers. house speaker john boehner is home in cincinnati. he failed to get members of his own party to support his plan b proposal to end the crisis. he said the stalemate and failure of plan b rests with the democrats. >> what the president has offered so far simply won't do anything to solve our spending problems and begin to address our nation's crippling debt. instead he wants more spending and more tax hikes that will hurt our economy. and he refuses to challenge the members of his matter to deal honestly with the entitlement reform and the big issues that are facing our nation. that's why we find ourselves here today. >> president obama is scheduled to return to washington on wednesday. there's no word if any new talks are planned. >>> 9news is tr
left for hawaii he had a meeting at the white house with senate majority leader harry reid and seeing both sides dig in on what they want and i think the smaller package, at least before new year's or right around the beginning of the year is probably the best to hope for. right now they're running out of time. lawmakers aren't returning to town, most of them, until tomorrow. the president won't be back until tomorrow and while most rank and file members won't be involved in the day-to-day negotiations of whatever this deal might be, they're going to have to vote for it. you saw right before christmas, speaker john boehner tried to move his own independent plan to raise taxes on income levels over a million dollars and he wasn't able to do that successfully. and i think it was a big sign about the difficulties he'll have even wrangling the majority of his caucus and so i think in order to get something done, anything done, to make sure that taxes don't increase on middle class americans, to make sure that the spending cuts don't start immediately, a lot of lawmakers are leary of them
to negotiate. president obama left hawaii early this morning, expected to land in washington next hour. senators will also be back, trying to craft a bill. we expect to hearing from him on the floor in moments. the house is still home. they'll hold a conference call with members today. to make matters worse, you say oh by the way, you'll hit the debt ceiling on monday. we also have ryan grimm. yeah, you. there you are. >>> it looks like they're pointing -- >> and politicians, and so what we're sealing is -- for deficit reduction. and spend seg cuts off their shoulders, and make it inevitable, saying, you know what? it didn't just happen to them. they pass the sequester, which contained severe, rapid definite at this time reduction. it was almost inevitable, almost the moment they passed the sequester. >> to you, ryan, i was alluding to how both sides are saying different things. two members of the house said this last hour. we had one democrat and one republican. take a listen. >> i think there's still a chance to get something done. that's what happened in the budget deal, i think tha
are we in the usa imitating failure? did you know that california and new york and hawaii are also poised to hit their richest people with a greater than 50% tax rate? isn't that great? emulate france. here now is jim pethokoukis of the american enterprise institute. jim, i thought we wanted to emulate success, not furl. >> i thought so, too. listen, the president wants to run an experiment and see how high we can crank up tax rates in this country without it hurting economic growth. they're already running it in europe, in france, in great britain. the entire european experiment here has been one of tax hike austerity. even though they focus on the spending cuts, you're talking about a high tax area raising taxes even higher. we're trying to to do the same thing here. >> least the brits have the humility to acknowledge their mistake. they took the rate from 40% 050%. millionaires left the island. now they're coming back and dropping it to 45%. at least the brits have some humility. the french don't seem to have any. those socialists are going to go down with the ship. >> they're going to
. the chair recognizes the gentlewoman from hawaii, ms. hirono, for five minutes. ms. hirono: i stand here today to give tribute to my friend, who is our senior senator, our country's senior senator, daniel inouye. with your passing, my friend, i tell you that no one can fill your shoes. in hawaii we say there are three economic joggers in our state, tourism, defense and senator inouye. and it's true. his work and his unselfishness in serving his state and country are unparalleled. he served our country during war at a time when people who looked like him were not considered american citizens. he did it and served our country honorably sand with respect. with incredible strength and character. he did it because he believed in our -- in what our country should and could be. make our country great. our country above service. our country about our children and our future. our country, honorable. his personal legacy and my home state of hawaii could and will never be matched. never. hawaii will never be able to thank senator inouye for his service and what he's done for us. it is too great to
this christmas eve. he's on vacation in hawaii. they arrived in hon saturday and he is expected to continue to get the updates of course on the fiscal talks. white house correspondent ed henry lives in hopb lieu hraoufplt i assume thahonolulu. i assume that is in between beach visits. >> reporter: the president does have a lot on his plate. he's trying to get vacation time in as you say. he knows he has the fiscal cliff waiting for him there back in washington. he attended a memorial service in hawaii for the late senator daniel inouye with the first lady. he is knowing that is what is happening back in washington still matters a great deal. and republicans on some of the sunday talk shows, like senator john barrasso of wyoming was on "fox news sunday" charging that the president really does want the nation to go off the cliff because then tax less go up. take a listen. >> when i listen to the president i think the president is eager to go over the cliff for political purposes. i think he sees a political victory at the bottom of the cliff. he gets all this additional tax revenue for new pr
fast, with no odor. so all you notice is relief. aspercreme. >>> anytime you leave hawaii, it is too soon. but six days before the fiscal cliff, president obama cutting short his christmas vacation on the off chance he and congress might be able to cut some kind of deal. he left. but brianna keilar is still there in honolulu. when's the president leaving and why does he really expect to avoid the cliff? >> reporter: i will be leaving as well when the president leaves, don. he is expected. he will be leaving tonight. that's local time. so he'll be traveling overnight and arriving back in the d.c. area late thursday morning. as you know, the senate reconvenes tomorrow. so he'll be going back as that is happening. we heard from him last week as he was heading out to hawaii. he said, see you next week. we had a thought that this was probably going to happen. he is officially now going back. he said last week, don, that he is still optimistic that something can get done. the other issue here, though, is you can imagine, how bad it would look if he go over the cliff and there's a lot of wo
the only thing they have to worry about generally when it comes to wild weather in hawaii and that is not a concern. president obama is there spending time with his family for the holiday and yesterday he went golfing before heading to the beach with the first lady and their daughters. aides say the president will have to return to washington in a day or two to deal with you know what the fiscal crisis. chief house correspondented spayeed henry is in hawaii with the president. i assume if there were any conversations between the president and the speaker we would be advised. >> they say there have not been any more calls, no contact between the high school and the speaker. that is a sign that there's been no major progress. they say that the lines of communication are still open between the president's staff, the peaker's staff. also now the circle is widening a little bit and it's including senate staff, because given what happened late last week where speaker boehner's so-called plan b fail in the house there is now momentum to try and get something going in the senate r
on whatever the senate can pass, but the senate first must act. " president obama returned early from hawaii today, still pushing to extend tax cuts for the middle class, but raise rates on the well-off. aides said he made phone calls last night to speaker boehner and house minority leader nancy pelosi, as well as senator reid and his opposite number, minority leader mitch mcconnell. but today, mcconnell gave no indication of movement. >> last night i told the president we'd be happy to look at whatever he proposes, but the truth is we're coming up against a hard deadline here, and as i said this is a conversation we should have had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> reporter: adding to the urgency, treasury secretary timothy geithner warned he'll have to begin taking "extraordinary measures" to postpone a government default. the government is on track to hit its borrowing limit on monday, he said with no prospect of congressional action to raise the limit. here
with holiday cheer. president obama when he spoke friday evening before he left to hawaii looked tired of the whole process. he'll be back mid next week as will congress. so they'll have a few days to get their acts together to come together on a smaller bill. it does not look like we're going to see anything large, the big deal at this point. we're looking at a scalled down measure if anything and it's not even clear that that will pass. >> kicking the can down the road. >> rachel, thank you so much for being here. >> thank you. >> all right. coming up -- there's a bar inside a local clothing shop. not sure what video that is. but we'll be right back. >> we want to tell you >> russia is taking drastic steps to prevent americans from don'ting -- don'ting -- adopting russian children. >> i thought i would have her here for this christmas. >> but for now baby paulina will stay in her russian orphanage. she says russian officials have made it nearly impossible. >> it's hurdle after hurdle. the process is incredibly burdensome. yesterday she made the difficult decis
the junior senator from hawaii, daniel akaka, as he retires from a life indicated to his -- dedicated to his community and country. when he graduated from high school and the war was ongoing, and of course people were watching hawaii very closely because they had such a huge asian population, a huge japanese and american population, so it was watched very, very closely, and for reasons that really weren't valid, but that's what we did then. so he spent, daniel akaka spent two years as a civilian worker with the united states army corps of engineers and two years of active duty in the u.s. army. what his duties were basically, as i recall having talked to dan akaka, is they were there to protect the water in honolulu. after the war, dan used the original tkpwufplt bill. years -- tkpweuplt -- g.i. bill. years later he would get his masters bill. senator akaka believed he would not have gotten his master if not for the benefits he received. he has worked to make important improvements to the 21st century g.i. bill of rights, today's bill is modeled after the work done by jim webb after the educ
. akaka: madam president? the presiding officer: the the senator from hawaii. mr. akaka: madam president, i rise to give me remarks and my aloha to the united states senate. madam president, before i begin, i want to say that my good friend, my colleague of 36 years, my brother dan inouye, hawaii's senior senator, i wish him a speedy recovery and return to the senate. mr. president, i -- i mean, madam president, i rise today to say aloha to this institution. i have been honored to be a member of the united states senate for 22 years. it has been an incredible journey that i never imagined. as a senior in high school going to kamemha school for boys, which was noted as a military school, my life was changed for school. when i saw japanese fighter planes attacking pearl harbor. like most men in my generation, i joined the war effort. my path was forever altered. when the war ended, i believe i was suffering from ptsd. it was an act of congress that allowed me and the veterans of my generation, to build successful new kind of lives. congress passed the g.i. bill and i say with certainty tha
's flight is cancelled. >> gretchen: we'll talk about that. say aloha in hawaii. president obama will return early from his family's vacation and get back to worth work on the fiscal cliff. peter doocy is live with more on the vacation cutting his vacation short. >> the president will get one more full day of sunshine in hawaii befored hading back to dc. air force one is expected to leave 10:00 p.m. where he is. 3:00 a.m. eastern time and that will get him back thursday morning where he & and speaker boehner need to figure out how to bridge a 400 million dollar gap in their positions to avoid the fiscal cliff. the last time we heard from the president, he thought a break would benefit and bring lawmakers together. to make a difference >> everybody can cool off and drink egg nogand have christmas cookies and sing christmas carrolls and enjoy the company of loved ones and ask every member of congress when they are back home to think about that. think . obligations of people who cent us here. >> speaker boehner is expected to return to dc any time he with drew the republican plan b deal that ex
, president obama says goodbye dc. aloha, hawaii. >> smart move. >> good call. good swap. is it really time to cool off and drink some eggnog? cool off in hawaii? or is it grudge time? [ laughter ] warm up wheel of fortune may be a misforeign. i would like to solve. >> seven swans aswimming. >> military woman uses it all because she forgot to pronounce the g instead of swimmen it's swimming. >> that is ridiculous. >> send us emails and tweets on that one. >> it's have a vanessa williams. enjoy your holidays from "fox & friends." >> that is ridiculously low. >> that must have been a prank. >> we're just chillen. >> everybody drops their g's or a lot of people do. >> they are very specific on those things that and wheel of fortune and jeopardy. have you got to put the word in there, the the in there. you can't just miss those things. >> we start this morning with new meaning for the term home for the holidays. taken on entirely new meaning for one family of that marine veteran you all know about finally released from a mexican prison. >> five months he was stuck on this bed, chained to this b
and was planning to move to hawaii. friends said he was acting in a detached curious way. what can you tell us about that? >> i saw the post that he was moving to hawaii. i didn't hear about him selling his belongings. >> police are saying that he stole the gun from a friend. have you any idea where he may have stolen the gun? i'm not aware of any of that. you seem shocked by what has happened here. it does seem out of character. was he suffering from a mental illness any behavioral issues at all that would have suggested to you that he would have been capable of this? >> absolutely not. >> did he have family issues that you were aware of? >> not that i'm aware of. >> it is completely baffling to you. >> it absolutely is. >> you seem very upset it is hardly surprising. is the whole community in deep shock about this? >> yeah, all of our friends are trying to comprehend what he may have gone through or what could have happened that led him to do such a drastic thing. there are pictures of him shooting. were you aware of his love of shooting or afillation to guns at all? >> i mean i have seen it
unlikely. he took off for hawaii and landed with his family for a shorter than usual christmas break. he said he is it a hopeless optmist. he is scaling back and pushing for a tax cut for the middle class and calling for compromise. it can only pass from democrats and republicans and no one gets 100 percent of what they want. everyone has to give a bit in a sensible way. we move forward together or not at all. in addition to making bush era tax cuts permanent for the middle class. let president want to preserve unemployment benefits if congress doesn't act. that know amount to an achievable goal and something that can get dun before the end of the year. >> steve, thank you for that. and now turning to the scathing report against the state department. it is fueling out a debate over what they call the grossly inadquate security at the benghazi compound. that attack led to the death of four americans including buss buss stevens. the state department said mistakes were made and promising to fix security conscience. lawmakers are demanding worries from secretary of state clinton who has yet
. the dow dropped 24-1/2. the s&p 500 slipped 7. nasdaq fell 22.5. president obama has been in hawaii for some holiday r&r. the republican lawmakers are likely hoping that means he is rested and ready make a deal on the fiscal cliff. however, chief white house correspondent ed henry tells us that washington may have to set with a backup plan to the backup plan. >> christmas tradition for president obama. he and first lady michelle obama saying thanks at the marine corps base hawaii. >> so many of you make sacrifices day in and day out on behalf of the freedom and behalf of the security. >> now the president is giving up some vacation time rushing back to washington aboard air force one late tonight to deal with the looming fiscal cliff. after that red eye, the president will no doubt need coffee. starbucks decided to get political in the washington, d.c., shops, by having employees write come together on cups. ceo howard schultz writing in open letter, "my hope is the simple message will serve as holiday reminder from starbuck of the spirit that bridgeed differences and we have the po
is in hawaii. let's go straight to cnn's emily schmidt in washington. good morning. so before he left the capitoal, he laid out this three-point plan to washington. >> before he left to hawaii, he left for a gift for lawmakers to ponder in washington. here are the three main points he's saying. he wants to make sure there's a law passed that ensures 98% of americans know their taxes are not going to go up in just under two weeks. he also wants to make sure that 2 million americans who would otherwise lose their unemployment benefits if we went over the fiscal cliff would be able to keep those benefits. and finally he says, look, we can take a look at the longer term proposals, the larger reform at a later point. just lay the ground work at this point. we also know before the president left, he talked by phone with house speaker john boehner. he met in person with harry reid, although what the private happened, we don't know. but publicly things sound a lot like they have for the past few weeks. take a listen. >> every member of congress believes that, every democrat, every republican.
-time senator from hawaii has died. the democrat had represented hawaii in congress since it became a state in 1959 and was the highest ranking asian- american politician in u.s. history. he lost his right arm in battle during world war ii and received the medal of honor. >> he was the kind of man, in short, that america has always been grateful to have, especially in her darkest hours. men who lead by example and who expect nothing. >> inouye died yesterday of respiratory complications. he was 88. >> showing him being sworn in by lyndon johnson. >>> president obama made a counter-offer so as not to step off the "fiscal cliff." the president offered to curtail future cost of living increases for social security recipients. he softened his demand for higher taxes at upper income levels. boehner wants a million dollars for higher tax rates. if no deal is reached, billions in tax hikes and spending cuts will go into effect. >>> a federal judge has rejected a request by cupertino- based apple that samsung be banned from selling three models of smartphones. a jury ruled in august that samsung il
six days away. the president plans to leave hawaii today and head back to washington to meet with lawmakers. where heed he and his wife, michelle, spent christmas visiting u.s. troops and their families in hawaii. to beat the january 1st deadline senate majority leader harry reid is said to be crafting his own fiscal package. it would extend the bush era tax cuts for households making less than $250,000, extend long-term unemployment, short-term spending cuts, and make a scheduled drop in medicare reimbursement to doctors. house speaker john boehner said they've had no communication with senator reid. >>> the exconwho ambushed and killed two volunteer firefighters in upstate new york may have murdered his sister. her body was found yesterday, and police say william spamglor had the same kind of military rifle used in the connecticut school massacre. he left behind a chilling note. >> reporter: the christmas eve fire in western new york burned seven homes to the ground, but police say william spangler wanted to do much worse. he planned to burn down the entire neighborhood and
hawaii but many are pest mystic he will reach -- pessimist particular they will reach the deadline. it is the republican controlled householding out. house speaker john boehner wants increase for those making only 1 million a year. they say it's more likely we will go over the cliff than not. >> if we allow that to happen it will be the most colossal consequential act of congressional you are responsibility in a long time. >> reporter: some republicans are saying president barack obama will actually get his way if a fiscal cliff is not reached before the deadline, kyle la campbell, washington d.c. newsroom. >>> and in general delegations are not as crowded as the first ones. as many as 800,000 are expected to be there for the president's 21st inauguration and that's less than those who flooded the area in 2009. >>> it should be much better and governor brown wants to overhaul the state's funding system. he hopes to give them fair control of how the school operates their money in minority districts. he is expected to outline proposals in his january budget. >>> john mcafee is expect
obama and they are working on getting a deal on the table. president barack obama is leaving hawaii and he will be back to negotiate with lawmakers. >>> people are still without power in oakland after a car crash. they hit each other before running into a utility pole off of interstate 580. at one point power was knocked out to 6800 page customers. police are still looking for the person who ran from the scene. >>> the day after christmas is known as the busiest day of the year. retailers are hoping to boost their bottom line before year's end. >>> and they are going back to work and urging drivers to proceed with caution the morning after christmas. from last night's storm there has been more showers maybe even a little hail and lorraine blanco has more with how things look out there, lorraine? >>> we have been live in oakland and the rain has been on and off and there is a light drizzle out here. you can see the bay bridge toll plaza and the roadways are slick but it is not affecting traffic so far. here is a look at the hayward airport. you can expect scattered showers throughout
. >>> brian shoots is now the junior senator from hawaii. he had served as hawaii lieutenant governor and overnight he flew with president barack obama on air force 1. >>> police drunk driving numbers were up compared to last december. between december 21st arthroscopy and december 25 theth people were arrested 39 people died. they set up a series of checkpoints in hopes of curbing drunk driving for the holiday. >>> and on interstate 880, the big difference is you can see the roadway and they are expecting dry conditions and cal train says there is no restrictions on interstate 880, however it is a much different situation over the last few days. people who had to travel into higher elevations got a white christmas and there were lots of backups. drivers had to wait at a near standstill but once you get up there it is all worth it. >> yes, 6:49 let's go to tara, she is following action going on in the east bay. >>> the off ramp is closed down for a few minutes, possibly longer and this is due to an overturned car. we will let you know how it is impacting traffic. you can see traffic i
be and the president gets back from hawaii and we are expecting an earful from the senate when they get back to work in less than two hours. channel 2 news. >>> well a worker has died from a construction accident. the tragic incident happened at 40 edge hill way at twin peeks. the man's identity has not been released. >>> it must pass more scrutiny before it can return online. it is due to excessive wear on generator tubes. they are asking for more analysis on whether the tubes can handle full power. environmental groups say they are pleased the government regulators are something for questions. they have heard from several concerned people regarding areas invested with bedbugs. but the library said they never had a bedbug infestation but they plan to handle it if it happens. >>> coming up, a usc professor said increase being the numbers could help combat the numbers. >>> the windy city will soon have the most expensive parking meters starting on new year's day. they will be charging $6.50 per hour. >>> let's head back out to tara to see how this commute is going this thursday, hello tara. >>> it ju
cliff. reena ninan is traveling with the president. she joins us from honolulu, hawaii. reena, has there been any movement to reach a compromise here? >> reporter: it doesn't seem like the president has reached out to either side over the christmas break. no movement moving forward on the fiscal cliff talks. the focus will shift to the senate. they have to try to craft something together that will pass the house and the senate. the burden is now on them to try to strike some sort of a deal. that's because on friday before congress left for christmas, the house was unable to get any sort of a deal passed through. >> and, reena, give us a play-by-play. what can we expect this week? where will the white house be focusing their efforts? >> reporter: right. as i mentioned, capitol hill, now, taking the emphasis over at the senate side. the other concern that the white house does have is to make sure they come to their different party lines. the democrats want to see, obviously, the middle class not faced with any sort of tax hike. which there are $500 billion of tax hikes expected on ja
was the second longest serving senator in u.s. history representing the state of hawaii for 50 years. he died of respiratory complications last monday. >>> mitt romney's oldest son is raising eyebrows this morning about comments he made about his father's run for the presidency. tagg romney claims he would have been ecstatic to step aside if he cld have found someone else to take his place. tagg worked as an advisory on his father's 2012 campaign and also helped with previous campaigns. >>> 13 before the hour. lawmakers are trying to get a deal done before the end of the year to avoid a fiscal cliff. congress is not expected to return to work until thursday. the same goes for president obama who will spend christmas in hawaii. that leaves them just five days to get a deal done to avoid steep tax hikes and spending cuts. senators on both sides of the aisle say both parties need to compromise to avoid a potential econom disaster. >> my one bit of advice to speaker boehner is this. you can't pass a bill with just republicans. on a broad thing like this, you need both. >> ronald reagan model is i
, ms. hanabusa of hawaii, would like to take in memory of the extraordinary senator. i had the pleasure of working with him in the mid 1990's when i was the deputy secretary of the department of interior, we were working on the native hawaiian lands issues. he was a remarkable individual, one that not only understood the intricacies of that very complex situation, but also had enormous passion for the native hawaiians. and so tonight i yield whatever time she might want to take to our colleague from the great state of washington -- hawaii. ms. hanabusa: thank you very much to the gentleman from california. i'm here to honor a state which is unique and as special as the person i honor. the person i rise to honor is daniel k. inouye. a person who cannot be described by a single adjective. a person whose accomplishments would cause you to pause and say, is this one person? is this one man? a person was awarded the greatest honor anyone who serves in the military can achieve, the congressional medal of honor. but it was an honor about 55 years late. from a country that questioned his loyalt
hawaii for washington, and the senate is reconvening today. now the automatic spending cuts and the tax increases that make up the fiscal cliff, they're set to take effect in just five days. much more on the fiscal cliff crisis, the effort to reach some kind of agreement later this hour. we're going go live to capitol hill for the latest as the senate returns to work. that is coming up in about 20 minutes. >>> and president obama's going to have another cabinet position to fill for the new year. we learned a short time ago apa lisa jackson is stepping down after the president's state of the union speech in january. jackson starting with the agency as a staff level scientist back in 1987. during her tenure as administrator she tackled pollution problems in poor community communities. oil drilling and coal regulations. all those things on her plate. jackson said she is confident epa is headed in the right direction. >>> winter storm causing some real headaches. millions of folks in the mid-atlantic states, we're looking at heavy snow, torrential rain, strong winds, dangerous travel condit
is hawaii. the house is out of session. the senate is adjourned. they are going to coming back on the 27th. that gives them five days. they have been talking about this fiscal cliff for months. last five days and they have to involves more than a trillion dollars and billions of dollars in tax hikes. how can they get it done? they won't. president on friday gave the all clear for members not to do a big package. he said, look, let's do a stopgap. in other words, let's stop everyone from having their taxes go up and do something smaller so on january 1st it's not just this big looming.... >> does that mean the president could offer extend the tax rates for six months and begin negotiating all over again beginning in january, obviously that would be the usual procrastination in washington, is that what you are talking about here? >> i think what will happen, the president will look for ways to gain the most leverage for himself. the conventional wisdom, democrats really gain power if january 1st comes along and everybody's taxes goes up. it brings revenues in the treasury and raises rates on
. >> president obama spent christmas day visiting with troops in hawaii. >> while back in washington uncertainty about the looming fiscal cliff continues. there has been to communication between republicans and democrats about how to avoid going over the cliff. before the christmas break, speaker john boehner was unable to get enough support from respects to pass his plan and help said it was up to the white house and the senate to avert the cliff. so now harry reid is believed to be crafting a plan of his own. it's expected to extend bush-era tax cuts. it would also include short-term spending cuts instead of the massive cuts that would occur if there is no deal. it would also patch up the alternative minimum tax that will hit even more middle class families and schedule a drop off for doctors. >> if republicans do give in and support the deal being put together by harry reid that deal is expected to be far less favorable than the potential deal they had been working on with president obama. >> republican strategist, frank luntz has been talking with voters, wh
in hawaii, where they will spend christmas. but it is not all folly and mistletoe as the president has won each on fiscal cliff negotiations, which are stalled, as washington shut down for a holiday. mr. obama expects to return to work right after christmas. before heading to hawaii. he warned it's time for party leaders to take action. karen caifa reports from washington, where members of congress have also left town. >> the next few days i have asked leaders of congress to help work out a package. this will protect unemployment for millions of americans. >> remarks came after john boehner failed to muster up -- >> we had a number of our members who just did not want to be perceived as raising taxes. >> the two sides both left for christmas holiday and they blamed each other for not acting. they stated that more action is needed from the gop. >> we will need to have a bipartisan solution. >> the next move will need to call from the present. >> he is the only one who could door. this is not john boehners problem to solve. >> in washington, i am karen caifa. >> and now to connecticut were n
, washington, oregon, california, hawaii has been threatened by hundreds of thousands of tons of debris washing ashore from the tragic tsunami in japan nearly two years ago. that's why this legislation asks noaa to take a closer look at the tsunami debris and make sure we are putting an accurate assessment and risk in place to protect the west coast. if they decide that it is a severe marine debris event, then they will need to present a specific coordination plan developed to meet that threat and work with local governments, counties and tribes and to make sure that there is a coordinated effort to protect our economy and environment from tsunami debris. we know in the northwest because we have already seen ships, we have seen bridges, we have seen various parts float ashore, oftentimes local communities having to share the burden and expense of cleaning up the tsunami debris. with over 165,000 jobs and nearly $11 billion in our coastal economy from fishing to tourism to various activities, we want to make sure that tsunami debris does not hurt our coastal economies. all you need to do is ask
. with the obama family home for the holidays in hawaii we couldn't help but wish everybody a hawaiian merry christmas h morning. ♪ here we know christmas is green and bright ♪ ♪ sunshines by day and all the stars at night ♪ >> you know what's next, don't you? i this movie. >>> brianna is in hawaii right now traveling with the obama family. so merry christmas, brianna. what are the obamas doing today, i wonder. >> to you as well, carol. there's nothing on the president's public schedule so we don't know exactly what they're doing but presumably they're doing what most -- many americans will be doing on this christmas. still very early, of course, here on a oahu. it's about 4:00 a.m. local time. they will be presumably, waking up in the home that they're renting about 45 minutes from where we are in this area. and celebrating. so you saw the first lady did it did get in the spirit talking to kids who were watching norad track santa. the president spending his christmas eve a little differently playing golf. not quite as festive as what the first lady was doing and, also, going to the
the president's going to be flying back from vacation in hawaii today. a lot of people making something of that. i don't know what it means ultimately. >> well, one thing it means -- >> a show of something. >> if i had to get back from hawaii at a minute's notice, you know what it would be. the president will have an easier time of it, i think. right? >> i noticed a couple of news reports saying the cost of the last-minute flight is about $250 -- >> he's the president, he's allowed. he's not going to be like in -- you know, transferring in san francisco or l.a. or something. and hoping that flight isn't -- i think he can just sort of -- >> the good news. >> he can probably work on the way back. >> yeah. no -- >> at his desk or do what, you know, whatever. he may be able to play sports. there's no basketball court on air force one. right? or putting green? >> no. but i think that -- they might have an xbox or something. >> yeah, if we play virtual golf or -- hoops or something. all right. >>> as for the markets, stocks turning in double digit gains in 2013. nine of the 10 s&p sectors looked in p
their profits. >>> president obama's in hawaii today where he and the first family will spend christmas. but the president says he will return to the white house after the holiday to continue working on a deal to avoid the fiscal cliff. joining me now, white house editor from politico, rachel smolkin. good to see you. >> good to see you. >> holiday red there, rachel. i will begin with you. is there any realistic timetable where a deal gets done beforian 1? look at the calendar. >> there's a realistic timetable but not an optimistic timetable. not a lot of holiday cheer going on in the nation's capital. after the stunning is heback speaker boehner suffered this week in the house where he could not get his own plan through. had to pull it and because he didn't have the votes. we saw president obama acknowledge yesterday before leaving for his vacation that the deal would -- would dramatically narrow. the parameters of a deal, scope of any possible deal, much smaller than we were looking at even a week ago. he said he would still be open to the big deal but the reality is we are running ou
the course of history. today 71 years later service members and family gathered in hawaii to remember the thousands killed at pearl harbor. on this anniversary we have a dramatic new look of the event as it unfolded thanks to a new doultary tonight on the military channel which uses state-of-the-art technology as well as personal accounts to give viewers a never before seen look at the date that will live he in infamy. >> the japanese brought photographers aalong during both waves of the raid against pearl harbor. they had to be able to examine photograph in the aftermath the battle and determine whether or not the raid had been successful. >> only a few stills and a few seconds of their film footage survived the war, but by looking inside these recently restored frames, we can uncover never before seen details of the attack. >> the images that are captured are now in such detail and technologially so sharp we can understand pearl harbor in a different light. >> joining us now is mark martin heavily featured in the documentary "pearl harbor declassified" which premiering tonight at 10
sold all his possessions and was planning to move, perhaps, to hawaii. nobody who knew him well quite understood why. friends who was with him recently, said he was acting in a curious way, somewhat detached. >> i saw the post he was moving to hawaii. i didn't hear about him selling his belongings or anything. i can't shed too much light on that. but i did see he was planning to go to hawaii. >> police are saying he stole the gun from a friend. have you any idea where he may have stolen the gun? >> that, i am not aware of any of that. >> obviously, you seem very shocked by what's happened here. it does seem very out of character. were there any signs at all, in all the time you knew him, that he was suffering any kind of mental illness? that he wasn't balanced? did he have flare-ups, behavior issues at all, that suggested to you he was capable of all this? >> absolutely not. jake was the last person on my mind that i thought would do something like this. >> did he have family issues that you're aware of? >> not that i'm aware of. >> completely baffling to you? >> absolutely is. >> you
hawaii moment." and when i said that the president laughed very loudly and he caught himself back and he told this lovely story there meant meant that when things seemed to be going to hell in a hand basket he and rahm would sit in the oval office and think "what wild we rather be doing?" and obama said "we'd rather that v a t-shirt shop in hawaii selling t-shirts" then he paused for a second and said "maybe smoothies, too." and that's what we used to chat about. and rahm was saying maybe he just was thinking about the smoothies on hawaii. >> rose: that's an interesting detail about that. i saw rahm emanuel interviewed and i didn't get this from him yesterday. it's the idea that he still plays, a role. he's still connected to rahm emanuel and gives him advice when asks and asks him advice often. >> i think that would be smart. >> rose: let me talk toou, please, about nels mandela. you were his friend. he's 94 years old. he clearly has not been well: >> he's not well, charlie, he stopped having any kind of public events a couple years ago. he -- you know, a man who -- so much confidence f
-minute deal. for now president obama and the first family are celebrating christmas in hawaii and that's where our ed henry is traveling with the president now live in honolulu. ed? bottom line the president is here in hawaii but might not be here for long. shortly after christmas likely to go back to washington. try and broker some sort of a deal. you remember before he left for hawaii, he announced that he wanted more of a short-term deal. sort of scaled back stop gap measure so that that big grand 4 trillion-dollar. instead he wanted to extend tax cuts for the middle class. he wanted to extend benefits for 2 million people that will lose those benefits a week after christmas. republicans are saying they think the president actually wants to go off the fiscal cliff for political gain. take a listen. when i listen to the president i think the president is eager to go over the cliff for political purposes. additional tax revenue for new programs. he gets to cut the military which democrats have been calling for for years. and he gets to blame republicans for it. >> now, republicans are also sk
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